The multiyear action plan for the major investments and competitive initiative that the firm's managers believe will drive the future success of the enterprise is called

Question

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The strategic plan is a comprehensive and long-term plan that outlines the major investments and competitive initiatives that a firm will undertake to achieve its goals and sustain its success over time. It includes a multiyear action plan that provides a roadmap for how the firm will allocate its resources, invest in new capabilities, and pursue growth opportunities. The strategic plan is typically developed by senior management and guides the overall direction of the enterprise.

The Multiyear Action Plan for the Major Investments and Competitive